Donald Trump Pressures the Federal Reserve for Major Rate Cuts

In an unusual move, President Donald Trump sent a handwritten note to Federal Reserve Chair Jerome Powell, demanding deep interest rate cuts.

The note reportedly read:

“Jerome, you are, as usual, too late. You’ve cost the USA a fortune and continue to do so. You should lower the interest rate — by a lot! Hundreds of billions of dollars lost.”

Trump’s Demands

• Significant Rate Cuts: A push for aggressive easing to stimulate U.S. economic growth.

• Global Benchmarking: Trump highlighted lower interest rates in countries like Switzerland (0.25%) and Japan (1.75%), arguing that the U.S. risks losing competitiveness.

Federal Reserve’s Position

• Holding Course: The Fed has not issued a direct response, stressing that monetary policy remains data-driven rather than politically influenced.

• Focus on Stability: Officials emphasize preventing unnecessary volatility over making rapid shifts.

Market Snapshot

$TRUMP

$AR

$WLD

With political pressure building and markets on edge, traders are preparing for heightened volatility.

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